TSXV approval SEVEN ACES LIMITED ("ACES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 10, 2019
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an Asset Purchase Agreement (the "Agreement") dated February 27, 2019, between Lucky Bucks, LLC - a 60% owned subsidiary of Seven Aces Limited ("Subco") and an arm's length party (the "Vendor"), whereby Subco has acquired six (6) additional location contracts from Goldstar Amusement, LLC – a digital skill-based gaming terminal operator based in Georgia, USA.
As consideration for the contracts, the Company made a US$2,087,855 cash payment to the Vendor.
For further information, refer to the Company's news release dated February 28, 2019.